Supply Chain Management Solutions
In an environment of aggressive competitiveness and changing global economic trends,organizations are challenged to be cost competitive while reducing their production overhead costs. With inventory and management being key players in the intricate mechanisms of any business, meeting such challenges requires the organization to be strong in their supply chain. The network of suppliers, distributors, retailers, manufacturers, involved in the making and distribution of a product make up the supply chain of an organization.
Supply chain management refers to the the management of the retail chain from storage of raw materials to work-in-process inventory, till the consumption stages. However, today’s supply chain management mechanism includes both forward logistics and reverse logistics needs, for further productivity. A good supply chain has customer need satisfaction at the core of its solutions, the achievement of which requires an analytical process driven approach to customer value creation. Eminent service providers of supply chain are therefore capable in strategic planning, designing, delivery besides handling other functional execution which in the long run helps in lean operational performance.
The leading service providers of supply chain solutions provide their clientele a complete creative logistics package. Armed with partnership coverage across the global spectrum of industries and suppliers and highly skilled employees, these service providers ensure customized supply chain management starting from configuring the products from the electromechanical assembly to retail pack out, to labeling and serial number capture to dock-merge.
The complete supply chain management package includes Material Planning and Procurement both of turnkey materials and consigned materials, supplier qualification and certification, vendor managed inventory for Domestic and Offshore Sourcing and Lifecycle Management. A web based inquiry and reporting system facilitates easy handling of retail fulfillment solutions to any destination, and also facilitates tracking the progress from the desktop. Such effective supply chain management helps organization to eliminate redundancy, increase efficiency and preserve profits.
Further, as globalization brings with it dispersed development, it also includes an increased risk due to lack of visibility and reduced control. The ISO 9001 certified supply chain operation and productivity infrastructure from the leaders of the industry sector tends to eliminate these risks and provide seamless supply chain solutionsfor its customers. Such strong supply chain management capabilities with good visibility, control and flexibility forms the backbone of an integrated global supply chain. This helps in increased asset utilization and efficient decision making paving way for enterprises to stay ahead of the competition.
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